Avoiding Business Failure by Improving Cash Flow

Why is cash flow so important for a business? A simple answer to this question is that without proper cash management, no business can survive. By understanding your cash flow it allows you to make wise investments and protect your company’s growth.

How to Collect Invoices the Right Way and Get Paid on Time

Do you hate collecting invoices? The truth is that most business owners dislike making collections calls because they’re tedious and risky. They create tension with clients and can put the relationship on unsure footing. Fortunately, it doesn’t have to be this way. Here are seven easy steps to help you get paid on time.

The Top 5 Challenges New Small Businesses Face

According to Stats Canada, only 51% of businesses survive beyond their first five years. And all too often, the ones that don’t make it end up shutting their doors for very similar reasons. So how do you keep your small business from becoming the one out of every two that doesn’t succeed?